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US Weekly Oil Production Hits 7 Million Barrels a Day

Posted January 9th, 2013 at 6:35 pm (UTC-5)
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The U.S. Department of Energy says U.S. oil production for the week ending January 4 exceeded 7 million barrels a day for the first time in two decades. The report, released Wednesday, said the weekly average output is a 1.16 million barrel increase from the same week last year. The jump is attributed to improved […]

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US Weekly Oil Production Hits 7 Million Barrels a Day

Posted January 9th, 2013 at 6:00 pm (UTC-5)
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The U.S. Department of Energy says U.S. oil production for the week ending January 4 exceeded 7 million barrels a day for the first time in two decades. The report, released Wednesday, said the weekly average output is a 1.16 million barrel increase from the same week last year. The jump is attributed to improved […]

Tags: , , Posted in Economy

Dutch Group Searching for Human Settlers for Mars

Posted January 9th, 2013 at 5:35 pm (UTC-5)
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In the early years of manned space flight, having the “right stuff” meant being brave enough to fly the first rocket-propelled planes. Today, it means spending perhaps the rest of your life on the planet Mars. Dutch-based Mars One, which plans to set up the first human colony on Mars in 2023, has announced a […]

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Wall Street Bailout Beneficiary Rejects Suit Against Its Rescuer: US Taxpayers

Posted January 9th, 2013 at 3:40 pm (UTC-5)
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One of Wall Street’s biggest beneficiaries of a U.S. taxpayer bailout at the height of the country’s 2008 economic downturn says it will not take part in a lawsuit against the government that claimed terms of the rescue were too tough. The board of giant insurer American International Group decided Wednesday against joining a $25 […]

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For Boeing’s New Dreamliner, Glitches Aplenty

Posted January 9th, 2013 at 3:05 pm (UTC-5)
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For the third day in a row, there are new problems in the operation of the world’s latest long-range jet aircraft, Boeing’s 787 Dreamliner. Japan’s All Nippon Airways canceled a Dreamliner flight Wednesday from the western Yamaguchi prefecture to Tokyo because of a brake problem. The airline said an error message was displayed in the […]

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Wall Street Bailout Beneficiary Weighing Suit Against Its Rescuer: US Taxpayers

Posted January 9th, 2013 at 2:20 pm (UTC-5)
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One of Wall Street’s biggest beneficiaries of a U.S. taxpayer bailout at the height of the country’s 2008 economic downturn is now weighing whether to sue the government on grounds that terms of the rescue were too onerous. Lawmakers in Washington have reacted angrily at the prospect that the giant insurer American International Group might […]

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Washington National Cathedral to Perform Same-Sex Marriages

Posted January 9th, 2013 at 2:05 pm (UTC-5)
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One of the most prominent churches in the United States will begin hosting same-sex marriages. Leaders of the Washington National Cathedral announced the new policy on Wednesday. National Cathedral Reverend Gary Hall said it was an honor to take the next step toward greater equality. The majestic cathedral is the seat of the Episcopal Church’s […]

Tags: , , , , , , Posted in US

Reports: Obama to Nominate Jack Lew for Treasury Secretary

Posted January 9th, 2013 at 12:40 pm (UTC-5)
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U.S. media reports say White House Chief of Staff Jack Lew is expected to be picked to lead the Treasury Department. Officials tell CNN and the AP Wednesday that President Barack Obama’s announcement on the nomination could come before the end of this week. Lew has served as budget director for Mr. Obama and former […]

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8 Killed In Latest Kenyan Tribal Clashes

Posted January 9th, 2013 at 12:40 pm (UTC-5)
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Police in Kenya say at least eight people have been killed in the latest tribal unrest to hit the Tana River region. Raiders from the Pokomo community attacked an Orma community village with guns and machetes before dawn Wednesday. Initial reports say six Orma and two Pokomo were killed. One local youth says members of […]

Tags: , , , , Posted in Africa

India Lodges Protest with Pakistan over Soldiers’ Killing

Posted January 9th, 2013 at 11:15 am (UTC-5)
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India has lodged a formal complaint with Pakistan over the killing of two Indian soldiers in an alleged cross-border attack by Pakistani troops in disputed Kashmir. Pakistan denies involvement. Indian Foreign Minister Salman Khurshid said Wednesday that India conveyed to Pakistan in very strong terms its concern about Tuesday’s incident. India said the bodies of […]

Tags: , , , , Posted in South Asia